Premier Bank relocates Faridpur branch

The Premier Bank Limited has relocated its Faridpur Branch to Khan Trade Center (1st floor) at Mujib Sarak in Faridpur Sadar with the objective to extend quality service from a better location. Syed Nowsher Ali, Deputy Managing Director, The Premier Bank Limited,  inaugurated the new location of Faridpur Branch as chief

Prime Bank wins Efma-Accenture Banking Innovation Awards 2021

Prime Bank limited shines in the international Financial Sphere receiving the Analytics & Artificial Intelligence (AI) award- Bronze at the prestigious Efma-Accenture Banking Innovation Awards 2021 along with Bank of Santander, Spain (Gold) and ING Bank, Turkey (Silver), said a press release. The accolade comes from Prime Bank’s AI driven digital

CDC Group backs Prime Bank with a $30m trade loan

CDC Group has committed $30 million trade finance loan to Prime Bank Limited. The loan will enhance Prime Bank ability to meet local corporates’ US dollar funding needs, bolstering necessary import and export activities, and supporting the continued growth of Bangladesh’s economy. CDC’s loan facility will provide Prime Bank with a stable

Prime Bank, USAID jointly offer harvest based loans

Prime Bank, USAID jointly offer harvest-based loans for smallholder farmers & input retailers and introduce a digital application and an instant eligibility screening system to shorten loan applications and processing times. Prime Bank has announced a partnership with the USAID funded Feed the Future Bangladesh Horticulture, Fruits, and Non-food Crops Activity

Prime Bank Ltd, Trust Axiata Digital ink deal

Prime Bank and Trust Axiata Digital Limited (TADL), a joint venture of Trust Bank Limited and Axiata Digital Services Sdn Bhd, Malaysia, have signed a trust-cum-settlement account agreement for TADL’s new mobile financial service “tap”. Shams A Muhaimin, deputy managing director of Prime Bank; and Dewan Nazmul Hasan, chief executive officer

Prime Bank wins DCM bank of the year award

Prime Bank has won the ‘Bangladesh Domestic Cash Management Bank of the Year 2021’ award presented by Singapore-based Asian Banking and Finance Magazine. The media outlet recognises banks and financial institutions in the Asia Pacific region for their performance in innovation and excellence with annual ABF Wholesale Banking Awards 2021. Asian Banking

Prime Bank adopts resolution on August 15

The Board of Directors of Prime Bank Limited took a resolution on August 15 on the occasion of the 46th anniversary of martyrdom of Bangabandhu Sheikh MujiburRahman.  The condolence note resolution was adopted at the 517th meeting of the board held on August 12, a press release said. TanjilChowdhury, Chairman of the

Prime Bank retains credit rating ‘AA’ and ‘ST-2’

Prime Bank has retained its credit ratings for the long term and the short term illustrating its financial strength and stability.   Emerging Credit Rating Limited (ECRL) has affirmed ‘AA’ for the long term and ‘ST-2’ for the short term credit rating to Prime Bank which will be valid till June 30,

Prime Bank introduces eKYC solution ‘PRIMEPLUS’

Prime Bank has introduced eKYC platform ‘PRIMEPLUS’, a real-time account opening solution, which allows the customers to open account without visiting any banking premises in fast & secured manner, a press release said. PRIMEPLUS is a groundbreaking digital initiative that will help pave the way to bring millions of unbanked people